29 July 2023
Tax consultant misatkenly failed to claim dedcutions as per TDS certificat in the ITR. Then Intimation notice served . but i failed to approach to A.O. Then processed demand started. And my self assessment were adjusted for the year. I filed rectification appliation claiming dedcutions u/ 154. The A.O dismissed on the groung that dedcutions shall be claimd through revised ITR. MY TDS certificate and Form 26as also there. shall i file 119(b) condonation application or file Appeal against the Order of A.O
30 July 2023
Dear Sir, Time period of Revised return has lapsed. so i filed rectification u/s 154 for claming dedcutions as per my TDS Certificate and form 26AS. The AO rejected the same on the ground that for dedcuctions only claimed through Revised Retrurn. The AO relied on Gutnez judgement of Supreme Court. so now, shall file 119(B) application before Pr.Commissioner as well as challange the order of AO by Appeal. Can both proceedings shall be possible ? because my claim is genuine based on TDS Certificate and same is reflected in form 26AS. only mistake has done that not a single dedcutions are not written in the ITR. so i am lliable to Pay 72k and till now it is adjucted upto 86 k. and still demand is pending .
CAclubindia
